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Bhutan Construction Industry Analysis
The construction industry in Bhutan is currently facing some challenges due to various factors such as limited access to funding, lack of skilled labor, and high cost of building materials. Additionally, the ongoing COVID-19 pandemic has had a negative impact on the construction industry in Bhutan, leading to project delays and decreased demand for commercial space.
Despite these challenges, the industry is showing some signs of growth. The government has announced plans to invest in infrastructure projects, such as the construction of new roads, bridges and airports, which could provide opportunities for the construction industry to grow in the future. Additionally, the government has also announced plans to encourage foreign investment, which could also provide a boost to the construction industry.
The industry outlook for the construction industry in Bhutan is uncertain, as the country is still facing economic challenges and the ongoing COVID-19 pandemic is likely to have a negative impact on the industry. However, the government's efforts to invest in infrastructure and encourage foreign investment could provide opportunities for growth in the future.
In conclusion, the construction industry in Bhutan is currently facing some challenges, but with government efforts to invest in infrastructure and encourage foreign investment, it may have potential for growth in the future. It's important to note that the situation may change with the ongoing economic and pandemic situation and one should check for the most recent and updated information.
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